"Write off" of unrealised export bills – Simplification of procedure

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....0 001. A.P.(DIR Series ) Circular No. 30 April 4, 2001 To All Authorised Dealers in Foreign Exchange Dear Sirs, "Write off" of unrealised export bills - Simplification of procedure Attention of authorised dealers is invited to paragraph C.18 of AP(DIR Series) Circular No.12 dated September 9, 2000 in terms of which they have been permitted to allow `write off' of unrealise....

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....he following conditions:- i. The exporter should submit to the concerned authorised dealer a Chartered Accountant's certificate indicating - a. the export realisation in the preceding three calendar years and also the amount of "write off" already availed of during the year, if any. b. the relevant GR/SDF Nos. to be written off, Bill No., invoice value, commodity exported, country of ....

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....serve Bank along with R-Return, duly certified as under:- " Write off of …………………………………… ( Amount in words and figures) permitted in terms of AP(DIR Series) Circular No 30 dated April 4, 2001. Date Stamp & Signature of Authorised Dealer" 5. Authorised dealers may note to take into account the amount written off under this facility while arriving at the ....